r/Jamaica Feb 23 '25

Economy I also hate living here

239 Upvotes

Saw the other man post and me have to agree, this country is not it this country is trash it sucks to realize a job in the states waiting tables or cleaning old peoples shit pays more than a job requiring a fucking degree in Jamaica, it just hard Fi young people fucking prosper. As soon as yuh start acquire the bare fucking minimum badmind and envy start plague yuh. Yuh can’t have shit. Especially the old yute dem weh waste Fi dem life just start Tek set pan yuh or try jeopardize yuh money.

In order to survive with no help yuh have to be doing something unethical and it’s so sad to say. Most girls have to be prostituting , yutes have Fi try scamming. The straight and traditional path a fail the utes dem everyday. The teachers dem have mount a subject and all them pussyclaut broke. Mi can’t blame nobody weh nave the opportunity Fi go overseas or have rich family Fi start scamming. At this point it’s just for survival and justify-able.

r/Jamaica 3d ago

Economy Dem seh when 'Merica sneeze, Jamaica ketch cold. Trump has hit us with 10% tariffs

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287 Upvotes

Yeah, so 10% tariffs, mi deeven look at the affected goods yet, this is just the start as counter tariffs hit the US, their goods will get more expensive and they are one of our biggest export markets. As a man weh live a yaad, born an grown, dis is just... one more piece a fuckry di island cannot manage. The cost of living is so damn high already, Yuh deeven can buy a box food and bloodclaat juice fi less than thousan dolla nowadays. The outlook bleak, our politicians, only care about themselves and the rich elite, who dis nah guh bother as all price increases aguh just moved along to the consumer. Big bumboclaat fuckry from this 82 year old half senile man who will neva face consequences for indirectly fucking with so many lives.

This annu one "Anti-Trump" post, fuck him, him nuh deh yah, dis is an "oh bumboclaat" post weh you look an see a future weh bleak nuh rass. Jah kno

r/Jamaica 2d ago

Economy Tariffs shouldn't really Hurt us

60 Upvotes

Those who live in Yard know that for so long we have been creating our own products, and buying from anywhere but the US. This goes back to the 1980s when America would give us 'string loans'... that is... they loan us $X but it can only be used to buy American products.

There was a time when in a supermarket big loooong aisles full of US stuff.

Over the years we started to quietly replace them with local products so that we didn't those loans.

We also started buying from other islands so that we had stuff from T'dad and of course, China.

Just before Trump did his tariff thing I looked at where my stuff came from.

Okay, everything that plugs in comes from China. Almost all my clothes come from China.

Now, my groceries.

I buy local stuff and stuff that comes from T'dad and every where else. Like this yogurt I use on my cereal comes from France, the other from Spain and the cereal is Jamaican. The coffee is Jamaican and I use Lasco instead of coffee mate.

The kind of flat breads/wraps i use are made in Jamaica as are the vegetables, soup, porridge, chocolate... in fact... I read labels before purchase.

if you look on the roads we have Toyota, Sukuzi... I haven't seen a US car since some years ago this Dodge.

I think Jamaica is not going to suffer very much because we wisely moved to standing on our own.

r/Jamaica 4d ago

Economy How do people survive in Jamaica?

103 Upvotes

I’m so confused. Been away at college overseas and came back trying to find somewhere to live and am so confused at the way of living now. How are people affording to live? With houses in the good areas 120,000 per month and light bill so high if you have certain appliances like washing machine and such, how do you afford it? The people who can do it, what is your occupation because I’m confused. I’m seeing people in the tech field get 200k but they still have to live with parents to make ends meet. For people who live this life, what do you do to make money?

r/Jamaica Jun 07 '24

Economy Why hasn't our banana industry recovered over the past decades?

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195 Upvotes

This is interesting to me, growing up I would always hear about Jamaica being some of the best producers on banana in the world, Anyone with some knowledge willing to share some thoughts?

r/Jamaica 24d ago

Economy What do you think of the gov’t reducing the bond on duties, and car dealership attitudes towards future rail travel?

8 Upvotes

I know that car dealership in places like the US dislike the possibility of passenger rail investments for the obvious reason that it can threaten their sales. Given the new GoJ policy of dropping import duties from 100% to 20% on cars, car dealerships most likely are going to increase their vehicle stock, selling more to consumers.

Many parts of JA are already conjested. It’s exciting more vehicles are accessible but are our roads even built for increased traffic.

r/Jamaica Nov 23 '24

Economy Do you think the Country has Improved on the last 10 years?

10 Upvotes

I have been seeing alot of debate over the past couple of weeks regarding the job market, road works and just overall economy of Jamaica. Some say things have improved while others say things are worse now. I want to find out what you all think and why(provide examples/evidence if possible)?

r/Jamaica Dec 04 '24

Economy What’s a comfortable salary to live in Jamaica?

51 Upvotes

I’m a young entrepreneur planning my future and would love some advice on what kind of salary I’d need to live comfortably in Jamaica. By “comfortable,” I mean being able to afford rent, utilities, food, transportation, and still have enough left over for leisure and savings. Let me hear it!

r/Jamaica 2d ago

Economy Inflation in Jamaica and the fact that the economy is BAD from the POV of the people

19 Upvotes

To piggyback on my recent post, I've seen some comments and received some messages which say essentially I'm overreacting and things aren't that bad in the economy and this will affect Americans only if we do not reciprocate. Respectfully bredrin, cut dat fuck. I live here.

To quote a comment I made, " Everything has experienced at least a 50% price increase the last 10 years and wages have not gone up to match. Bread was 270-290 in 2014. Bread is $650 now. A flat of eggs was 700 in 2014. Its 1500 now. A beef patty was 140 in 2014. Its 290 now. Cement was 700 a bag in 2014. Its 1700 now. A sheet of ply was 500 in 2014. Its 6000 now. A medium box food was 400 in 2014. Its 900 now. A pound of beef was 270 in 2014. Its 550 now. A pound of pork was 250, its 450 now. I can go on and on and bloodclaat on".

I "support" the current government(I think they're the lesser evil) however, as an average Jamaican, I don't see where the cost of living is improving. houses are millions for a tiny Double. A housing scheme was built recently off spain bypass and the houses are tiny asf, bedroom and tiny bathroom beside each other, kitchen and living room in one, I can find the schematic if one disbelieves. the price? Close to 8 mil for the smallest ones. I'm lucky I trade and earn USD. Its almost impossible for the average jamaican not in a partnership to sustain themself without some kind of debt and while our country brethren work and sell produce etc, they barely get by. There's hardly any room for upward progression, the economy has started turning like a giantic consumerist hamster wheel.

It may look rosy from the outside or sound like all is good because GDP is on projection or we pass IMF tests but one's pay stretches less and less and less each passing year. i hope things improve by i don't see any acceptance amongst our politicians that this is a problem. Our Finance Minister a month ago told a journalist that a person saving 2 grand a month could afford a down-payment on "a likkle probox". Mi deeven a dive into why a fuckry dat, social media done rub har out. that goes to show however the willful blindness and ignorance from "di bigga heads", as it were, to this very glaring problem that continues to exacerbate.

r/Jamaica 1d ago

Economy Off grid solar power system tour of my wood house in Jamaica

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21 Upvotes

r/Jamaica 24d ago

Economy Highlights of Jamaica Budget 2025! 🥳

10 Upvotes

The Jamaican Budget for the fiscal year 2025/2026, presented by Finance Minister, the Honourable Fayval Williams, outlines the government's financial plans and priorities.

In this commentary, The Minister emphasised on several examples of the “good news” about the economy, including that:

  • the lowest ever recorded unemployment rate was 3.5%, as at October 31, 2024;

  • the lowest recorded debt to GDP ratio in 30 years will be 68.7%, as at March 31, 2025;

  • the highest net international reserves in over 30 years of US$5,583.7 million, as at December 31, 2024;

  • and the overall inflation figure remains within the target 4-6 percentage range.

(Source: KPMG)

Other news:

Total Allocation: The budget is set at $495.8 billion. (Source: Jamaica Gleaner)

Income Tax Adjustments:

Threshold Increase: The government plans to raise the income tax threshold to $2 million over a three-year period starting April 1, 2025. (Source: Jamaica Gleaner)

Sectoral Allocations:

Tourism: The tourism sector has been allocated over $16 billion for the 2025/2026 financial year, with a focus on enhancing efficiency and growth. (Source: JIS)

Parliamentary Review:

Budget Examination: The Standing Finance Committee of Parliament, comprising all 63 Members of Parliament, is scrutinizing the $1.26 trillion national budget for the fiscal year 2025/2026. (Source: our.today)

r/Jamaica Mar 20 '24

Economy What is causing Jamaica’s inflation?

17 Upvotes

Our dollar isn’t the most powerful, but it’s getting a little ridiculous the last 5 years.

Everytime I visit now I see people pocket full of money and it’s not even 90 US.

Come like funny money now

r/Jamaica Dec 11 '23

Economy Do Jamaican resorts invest in the communities or recreational sports within the country?

8 Upvotes

Do any of the resorts reinvest back into the communities they're located in? Do they reinvest back into the schools or sporting teams? Planting trees? Fighting crime?

Or, do they keep all the money for themselves?